FT Transact

Unwinding QE in the eurozone: who stands to lose?

The ECB’s quantitative easing programme is still expanding and has now reached more than €2tn. 

Next year it is expected to wind down, but as the FT’s Claire Jones explains, economies like Italy’s are still weak and there are fears gains made through QE could go into reverse.

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FT Transact

FT Channels, a partnership destination that combines impactful and enriching multimedia content to spark curiosity and encourage discovery. Each vertical brings expert insights from the Financial Times and our Partners into the most pressing issues of our time.


FT Transact is a video channel turning the spotlight on the future of capital, exploring what’s driving transactional transformation - from trends in ecommerce, fintech and ESG investing, to the corporate innovators working to build the future of finance. The channel alternates between independent reporting from FT journalists and expert commentary from UBS.